All language subtitles for Lesson 6 - Macro Economic To Micro Technical EN

af Afrikaans
sq Albanian
am Amharic
ar Arabic Download
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bn Bengali
bs Bosnian
bg Bulgarian
ca Catalan
ceb Cebuano
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian
cs Czech
da Danish
nl Dutch
en English
eo Esperanto
et Estonian
tl Filipino
fi Finnish
fr French
fy Frisian
gl Galician
ka Georgian
de German
el Greek
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ga Irish
it Italian
ja Japanese
jw Javanese
kn Kannada
kk Kazakh
km Khmer
ko Korean
ku Kurdish (Kurmanji)
ky Kyrgyz
lo Lao
la Latin
lv Latvian
lt Lithuanian
lb Luxembourgish
mk Macedonian
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mn Mongolian
my Myanmar (Burmese)
ne Nepali
no Norwegian
ps Pashto
fa Persian
pl Polish
pt Portuguese
pa Punjabi
ro Romanian
ru Russian
sm Samoan
gd Scots Gaelic
sr Serbian
st Sesotho
sn Shona
sd Sindhi
si Sinhala
sk Slovak
sl Slovenian
so Somali
es Spanish
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
te Telugu
th Thai
tr Turkish
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu
or Odia (Oriya)
rw Kinyarwanda
tk Turkmen
tt Tatar
ug Uyghur
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:43,835 --> 00:00:44,765 Welcome back folks. 2 00:00:44,915 --> 00:00:48,905 This is the sixth of eight teachings and the November, 2016 3 00:00:48,905 --> 00:00:50,644 curriculum of the ICT mentorship. 4 00:00:52,004 --> 00:00:57,224 Okay, we're going to be teaching the macro economic to micro technical, 5 00:01:01,655 --> 00:01:07,685 macro economic to the micro technical, macro, economic to the micro technical. 6 00:01:08,914 --> 00:01:09,215 Okay. 7 00:01:09,245 --> 00:01:12,515 And I'm showing you here, one of the secrets to how 8 00:01:12,515 --> 00:01:13,414 I'm able to call the market. 9 00:01:14,265 --> 00:01:18,225 As I do, and it's a macro perspective. 10 00:01:18,225 --> 00:01:20,175 So in other words, it's not a day trading perspective. 11 00:01:20,175 --> 00:01:23,655 It's not something that's going to be, uh, forcing you to look at 15 12 00:01:23,655 --> 00:01:28,575 minute charts, not even an hourly chart, not even a four hour chart. 13 00:01:29,295 --> 00:01:29,505 Okay. 14 00:01:29,505 --> 00:01:34,125 We're going to be looking at daily charts only, and you probably 15 00:01:34,125 --> 00:01:39,645 are wondering why is there a top secret image here at the bottom? 16 00:01:39,975 --> 00:01:41,085 Well, below this. 17 00:01:42,750 --> 00:01:47,160 Is going to be one of the closest guarded secrets of my repertoire. 18 00:01:48,330 --> 00:01:53,610 And when I look at the marketplace, I use this as a barometer to help 19 00:01:53,610 --> 00:01:57,750 me determine where the long-term trends of the marketplace is going. 20 00:01:58,410 --> 00:02:02,910 Now there's a lot of folks that will scour bank reports and my opinion of bank 21 00:02:02,970 --> 00:02:07,590 bank reports are this, uh, why would a bank tell you what their intention is? 22 00:02:09,149 --> 00:02:10,079 It doesn't make any sense. 23 00:02:10,109 --> 00:02:12,239 That's like having a football team, tell you what their players are 24 00:02:12,239 --> 00:02:13,829 going to be for the super bowl. 25 00:02:13,950 --> 00:02:14,790 It just doesn't happen. 26 00:02:15,120 --> 00:02:20,429 So when I look at the marketplace and I'm looking for a long-term macro 27 00:02:20,429 --> 00:02:26,820 view, uh, I'm looking for an insight that would give me a three to six 28 00:02:26,820 --> 00:02:31,260 month outlook on where currencies may be heading in one direction. 29 00:02:32,730 --> 00:02:36,269 And one of the things I use for that is interest rates and 30 00:02:36,269 --> 00:02:37,500 the way we find interesting. 31 00:02:38,265 --> 00:02:41,835 And the way I do it is I'm looking at the bond market. 32 00:02:42,705 --> 00:02:47,145 The 30 year treasury market, uh, will give me the insights I need for interest rates 33 00:02:47,595 --> 00:02:49,815 on a intermediate to long-term basis. 34 00:02:50,475 --> 00:02:53,355 Uh long-term to me is three to six months. 35 00:02:53,775 --> 00:02:55,695 It may not be long-term for you, but it is for me. 36 00:02:56,205 --> 00:03:01,725 So what I look for is every three, every three to four months, there is 37 00:03:01,725 --> 00:03:03,585 a quarterly shift that takes place. 38 00:03:04,515 --> 00:03:09,795 And what I mean by that is whatever trend or whatever market condition is 39 00:03:09,945 --> 00:03:17,475 prevalent for right now in three to four months time, there's usually a shift. 40 00:03:17,805 --> 00:03:18,045 Okay. 41 00:03:18,045 --> 00:03:21,885 There's either a reversal or it's an extended period of consolidation 42 00:03:22,425 --> 00:03:28,575 and then a future resumption of the trend, or again, you know, a 43 00:03:28,575 --> 00:03:32,894 reversal, but every three or four months, I'm looking for a change. 44 00:03:33,930 --> 00:03:36,480 Because I believe there is a quarterly shift that takes place in the 45 00:03:36,480 --> 00:03:39,359 marketplace and you'll learn a lot that, that later on is mentorship. 46 00:03:39,870 --> 00:03:45,630 But for now I want to teach you how I use the bond market and how you 47 00:03:45,630 --> 00:03:50,160 use the interest rate as a precursor for where the markets may go. 48 00:03:50,640 --> 00:03:53,970 Uh, I don't require a whole lot of fundamental. 49 00:03:54,825 --> 00:03:56,025 Just sift through. 50 00:03:56,115 --> 00:03:59,445 I don't believe I have enough time in the day to go through all that I 51 00:03:59,445 --> 00:04:01,755 knew there was a lot of folks that would probably hear me say that. 52 00:04:01,755 --> 00:04:05,025 And scoff at the notion that, you know, fundamentals are, you 53 00:04:05,025 --> 00:04:08,055 know, that's the, that's the backbone to, to the marketplace. 54 00:04:08,055 --> 00:04:09,765 You need to know those things and yeah. 55 00:04:10,695 --> 00:04:13,755 Submission to that is, uh, you know, who can keep up with that? 56 00:04:14,055 --> 00:04:15,885 You know, I don't, I don't have time to keep up with it. 57 00:04:15,945 --> 00:04:17,505 You know, I'm, I'm, I'm busy running a life. 58 00:04:18,435 --> 00:04:20,834 I don't have, I don't have the time to be sifting through all the information. 59 00:04:20,834 --> 00:04:25,815 And quite frankly, I'm not that astute to be able to discern what that data is. 60 00:04:26,265 --> 00:04:30,735 So what I require is a visual interpretation of that data. 61 00:04:31,275 --> 00:04:34,545 And what I subscribed to is the bond market will tell them. 62 00:04:35,400 --> 00:04:38,550 If I can read price action in the bond market and not just the 63 00:04:38,550 --> 00:04:40,530 bond market, but we're gonna look at the ten-year modes as well. 64 00:04:40,950 --> 00:04:45,240 Uh, if we can get a feel for what the bond market's wanting to do, whether 65 00:04:45,240 --> 00:04:49,620 it be trade higher or lower, then we can have a pretty good basis on what 66 00:04:49,620 --> 00:04:50,670 the interest rate is going to do. 67 00:04:51,120 --> 00:04:51,420 Okay. 68 00:04:51,810 --> 00:04:56,100 So what we're looking at is, uh, about June, July, August time. 69 00:04:57,000 --> 00:04:57,359 Okay. 70 00:04:57,810 --> 00:04:59,490 June, July, August time period. 71 00:04:59,609 --> 00:05:04,080 The top chart here is obviously the dollar index daily chart and the lower 72 00:05:04,080 --> 00:05:06,450 chart is the treasury bond market. 73 00:05:06,810 --> 00:05:08,280 Is it the December contract? 74 00:05:08,609 --> 00:05:08,880 Okay. 75 00:05:08,880 --> 00:05:12,270 So December contract for the dollar index above us in the futures 76 00:05:12,270 --> 00:05:17,010 market and the December contract for the bond market on the lower end. 77 00:05:17,190 --> 00:05:17,370 Okay. 78 00:05:17,370 --> 00:05:22,320 So the lower chart is the bond market between July and August. 79 00:05:22,620 --> 00:05:24,330 There was a high default. 80 00:05:25,140 --> 00:05:26,010 In the bond market. 81 00:05:26,460 --> 00:05:31,590 And for those to follow along on the, uh, Twitter and on my YouTube channel, um, 82 00:05:31,619 --> 00:05:39,510 this summer, I mentioned that the debt market is going to have a major decline. 83 00:05:40,049 --> 00:05:41,669 And I said that that, that was going to happen. 84 00:05:41,679 --> 00:05:44,280 I also said it was going to happen in the blend. 85 00:05:44,549 --> 00:05:47,460 I said it would happen across all the debt instruments. 86 00:05:47,460 --> 00:05:51,150 So basically what I was implying was that interest rates were going to go higher. 87 00:05:52,275 --> 00:05:55,395 If interest rates are going to go higher, that's going to allow 88 00:05:55,395 --> 00:05:56,865 the dollar index to go higher. 89 00:05:57,795 --> 00:05:58,065 Okay. 90 00:05:58,065 --> 00:06:01,724 But when interest rates are going higher, that means that that the bond market is 91 00:06:01,724 --> 00:06:04,724 going to drop as the bond market rallies. 92 00:06:04,724 --> 00:06:06,645 That's a lowering of interest rates. 93 00:06:07,185 --> 00:06:11,565 And when it drops down in the futures market for the bond market, that 94 00:06:11,565 --> 00:06:13,875 is an increase in interest rates. 95 00:06:14,205 --> 00:06:14,414 Okay. 96 00:06:14,414 --> 00:06:20,025 Now the 30 treasury bond is the benchmark for what we have in the U S as our. 97 00:06:21,540 --> 00:06:22,260 Um, right. 98 00:06:22,290 --> 00:06:26,670 Well, we put a house on the market for, uh, for purchase. 99 00:06:26,820 --> 00:06:33,210 Someone wants to a ball and chain debt program to pay off a house for 30 years. 100 00:06:33,510 --> 00:06:36,510 Uh, the interest rate that's arrived at this market pretty 101 00:06:36,510 --> 00:06:37,680 much is the benchmark for it. 102 00:06:38,280 --> 00:06:41,880 Um, there is another interest rate, uh, asset market that I 103 00:06:41,880 --> 00:06:43,050 look at, which is the tenure. 104 00:06:44,310 --> 00:06:46,350 Now look at that and we'll look at that later on in this teaching here. 105 00:06:46,350 --> 00:06:48,990 But what I want you to look at is when the bond market. 106 00:06:50,310 --> 00:06:53,010 Is creating a high here. 107 00:06:54,090 --> 00:06:54,510 Okay. 108 00:06:55,050 --> 00:07:00,780 Uh, at the same time that the dollar index is making a low K, I want you 109 00:07:00,780 --> 00:07:05,460 to take a look at what's going on here in the last week of June, we have the 110 00:07:05,460 --> 00:07:12,810 dollar index making a low and the market failed to make a lower, low at the same 111 00:07:12,810 --> 00:07:17,490 time that the bond market was making a higher high now in less than five. 112 00:07:17,520 --> 00:07:17,640 Okay. 113 00:07:18,539 --> 00:07:25,380 This month teaching, I taught you the SMT divergence relative to the 114 00:07:25,380 --> 00:07:27,030 dollar index and foreign currencies. 115 00:07:27,869 --> 00:07:32,130 That same idea is applied here, but for an interest rate divergent. 116 00:07:32,130 --> 00:07:34,530 So in other words, we're looking at how the bond market 117 00:07:34,679 --> 00:07:36,780 interacts with the dollar index. 118 00:07:37,289 --> 00:07:40,739 So around every three, four months, there's going to be this 119 00:07:40,799 --> 00:07:46,469 shift that takes place, this underlying change in the trends. 120 00:07:47,430 --> 00:07:51,690 It's seen in the dollar index with the failure to make a lower low. 121 00:07:52,050 --> 00:07:57,600 At the same time, the bond market made a higher high market traded softer at the 122 00:07:57,600 --> 00:07:59,670 same time, all the way into the last week. 123 00:07:59,700 --> 00:08:03,960 Midway point of August, we saw consolidation in the bond market as well. 124 00:08:04,500 --> 00:08:10,080 Then we saw what the movement higher on the dollar index. 125 00:08:10,620 --> 00:08:13,800 At the same time, we were seeing weakness in the bond market, which 126 00:08:13,800 --> 00:08:14,910 means interest rates are increased. 127 00:08:15,825 --> 00:08:19,695 Which means now we have the dollar index pulling back into a down candle, 128 00:08:20,715 --> 00:08:21,915 which is a bullish sort of block. 129 00:08:22,245 --> 00:08:26,235 So we can expect to see prices move higher on the dollar, which will 130 00:08:26,235 --> 00:08:29,115 do what send the bond market lower. 131 00:08:29,445 --> 00:08:32,685 So when we see this rally up, it's returning back to an up candle, 132 00:08:32,685 --> 00:08:36,825 which is a bare shoulder block and it sells off again, this sell off. 133 00:08:37,725 --> 00:08:38,115 Okay. 134 00:08:38,115 --> 00:08:41,175 Accelerates the buying in the dark. 135 00:08:42,539 --> 00:08:45,030 So if the dollar is going to accelerate going higher, let's 136 00:08:45,030 --> 00:08:47,010 go back to this time period here. 137 00:08:47,100 --> 00:08:47,370 Okay. 138 00:08:47,370 --> 00:08:52,080 And reflect on the analysis I was given in the mentorship. 139 00:08:52,140 --> 00:08:55,140 You all knew that I was looking at this particular time period 140 00:08:55,140 --> 00:08:56,070 right here on the dollar. 141 00:08:56,310 --> 00:08:58,440 And I said they were going to start going higher and we're going to be looking 142 00:08:58,440 --> 00:09:01,560 for that $1 mark dependency 1 0 2 mark. 143 00:09:02,130 --> 00:09:05,760 And the reason why I suspected that was going to happen is number 144 00:09:05,760 --> 00:09:07,410 one, I was looking at the dollar. 145 00:09:08,820 --> 00:09:12,660 There started with the USD as in their name or words, like dollar 146 00:09:12,660 --> 00:09:15,300 CAD, dollar swissy dollar yen. 147 00:09:15,660 --> 00:09:19,440 Um, I was looking at the dollar CAD and it just supported the idea that 148 00:09:19,440 --> 00:09:23,820 we were going to go long here or start to go higher at the same time. 149 00:09:24,480 --> 00:09:27,720 The bond market was rallying up returning back to a bearish order block. 150 00:09:27,840 --> 00:09:32,220 So I knew what to expect was to see if we, if we turned the tide here and started 151 00:09:32,220 --> 00:09:36,480 going lower on bonds that dropped down and bonds is an increase in interest. 152 00:09:37,694 --> 00:09:42,375 An increase in interest rates is going to see a aggressive pouring 153 00:09:42,375 --> 00:09:44,655 in of funds to buy up the dollar. 154 00:09:45,464 --> 00:09:50,415 So that's what we're seeing here that, that, uh, that aggressive rally up the 155 00:09:50,415 --> 00:09:54,405 market showed a willingness to drop even lower here on the bond market. 156 00:09:54,974 --> 00:09:58,214 At the same time, there was a small little decline at the same time when the 157 00:09:58,214 --> 00:10:02,145 bond market was dropping small little deviation from what would be considered 158 00:10:02,145 --> 00:10:04,064 a normal, that was all attributed to. 159 00:10:04,995 --> 00:10:05,895 The U S elections. 160 00:10:06,135 --> 00:10:09,795 Nobody knew what to expect with the elections, except for ICT. 161 00:10:09,885 --> 00:10:11,025 He said, Trump going to win. 162 00:10:12,105 --> 00:10:15,075 So obviously Trump won overnight. 163 00:10:15,075 --> 00:10:20,205 The futures market were tanking and the dollar index sank and the 164 00:10:20,205 --> 00:10:23,655 Dow Jones futures were down like 750 points at one time overnight. 165 00:10:23,925 --> 00:10:24,945 And all of a sudden the very next one. 166 00:10:25,965 --> 00:10:27,285 Everything was peaches and cream. 167 00:10:27,735 --> 00:10:30,915 It's been rocketing up since and 10 days in a row. 168 00:10:30,945 --> 00:10:34,545 The market's been rallying up for the dollar index at the same time. 169 00:10:34,665 --> 00:10:38,025 We've seen an accelerated so off in the bond market, which means 170 00:10:38,025 --> 00:10:39,375 as an increase in interest rates. 171 00:10:41,250 --> 00:10:44,790 When we look at the marketplace like this and utilizing the bond market to 172 00:10:44,790 --> 00:10:51,900 help us, we can use that same idea as it relates to looking at divergence between 173 00:10:51,930 --> 00:10:54,270 the bond market and the dollar index. 174 00:10:54,420 --> 00:10:58,770 So with that said, I'm not going to go into great detail because obviously, you 175 00:10:58,770 --> 00:11:02,370 know what I mean by that, but by using what was taught to you in the fifth 176 00:11:02,370 --> 00:11:09,285 teaching of this month's content, Okay folks, we have the 10 year note to the 177 00:11:09,285 --> 00:11:12,135 left and a 30 year bond to the right. 178 00:11:13,064 --> 00:11:13,305 Okay. 179 00:11:13,314 --> 00:11:16,245 I want you to take a look at the SMT divergence that 180 00:11:16,245 --> 00:11:18,615 we have in these two charts. 181 00:11:19,125 --> 00:11:19,365 Okay. 182 00:11:19,365 --> 00:11:21,915 And I'm going to take a look at the currency markets and see how 183 00:11:21,915 --> 00:11:23,925 that assisted us in analysis. 184 00:11:24,615 --> 00:11:25,574 And again, this is a. 185 00:11:26,954 --> 00:11:30,314 Long-term to intermediate term concept. 186 00:11:30,615 --> 00:11:35,084 So it's aimed at giving you the next three to six months, outlook 187 00:11:35,084 --> 00:11:36,345 on where currency should be going. 188 00:11:36,885 --> 00:11:37,245 Okay. 189 00:11:37,785 --> 00:11:42,975 So take a look at the 10 year note here, making a higher high here. 190 00:11:45,265 --> 00:11:49,564 The same time 30 year made a lower bond market took off lower. 191 00:11:49,685 --> 00:11:52,745 So the second week of September, we saw interest rates increasing. 192 00:11:53,595 --> 00:11:57,405 By the effects of the bond market and ten-year note declining. 193 00:11:58,155 --> 00:12:03,915 Then we saw the last week of September going into October, we saw this higher 194 00:12:03,915 --> 00:12:13,365 high form and a 10 year while we saw lower high or SMT divergence in the 30 year. 195 00:12:14,535 --> 00:12:18,255 And then immediately we saw another decline in both 10 year and 30 year, 196 00:12:18,525 --> 00:12:20,115 which is an increase in interest. 197 00:12:21,150 --> 00:12:26,280 So right away, we know that there should be a accelerated by or a rally 198 00:12:26,760 --> 00:12:31,650 in the second week of September and the last week of September for the dollar. 199 00:12:33,060 --> 00:12:34,080 So let's take a look at that. 200 00:12:37,880 --> 00:12:38,090 Okay. 201 00:12:38,090 --> 00:12:43,670 We can see here the dollar index first week of September here's that low we 202 00:12:43,670 --> 00:12:47,630 would expect because we saw an increase in interest rates as a result of this. 203 00:12:48,689 --> 00:12:52,110 With the divergence between the 10 year and a 30 year bond market. 204 00:12:52,650 --> 00:12:55,770 And in the last week of September, we saw the market makeup rally 205 00:12:55,770 --> 00:12:56,910 away from that point as well. 206 00:12:57,300 --> 00:13:01,470 So we have a rally here in a rally here, and it begins that big movement higher. 207 00:13:02,040 --> 00:13:07,199 Now, if we see that in the dollar index, we should be 208 00:13:07,199 --> 00:13:09,840 seeing rallies in dollar Swiss. 209 00:13:15,270 --> 00:13:18,570 Here's September is a month year, first week of September it rallies 210 00:13:18,840 --> 00:13:20,520 last week of September it rallies. 211 00:13:20,850 --> 00:13:25,230 So we see that same effect appearing us well in that dollar pair. 212 00:13:26,820 --> 00:13:32,010 Uh, let's take a look at the dollar cat here September the first 213 00:13:32,010 --> 00:13:36,180 week of September it rallies in a sale last week to this month of 214 00:13:36,180 --> 00:13:38,040 September it rallies again as well. 215 00:13:41,790 --> 00:13:42,450 Take a look at these. 216 00:13:43,215 --> 00:13:43,694 Euro. 217 00:13:43,694 --> 00:13:44,625 This is going to be the opposite. 218 00:13:44,625 --> 00:13:47,535 We're going to see a high form the first week of September. 219 00:13:47,725 --> 00:13:48,255 Here we are. 220 00:13:48,585 --> 00:13:50,505 And then it sells off again the last week of September. 221 00:13:50,535 --> 00:13:54,135 And there you go rolls over the pound. 222 00:13:54,135 --> 00:13:55,395 We should be seeing a, 223 00:14:05,705 --> 00:14:06,335 the pound. 224 00:14:06,425 --> 00:14:09,275 We should be seeing the high form and a second. 225 00:14:09,275 --> 00:14:09,335 Yeah. 226 00:14:11,335 --> 00:14:11,935 September. 227 00:14:12,265 --> 00:14:15,564 And so off the last week of September, so high here and 228 00:14:15,574 --> 00:14:17,245 high here in accelerated so off. 229 00:14:17,635 --> 00:14:18,025 Okay. 230 00:14:18,444 --> 00:14:20,845 And that was the reason why also I told you we were going to be looking 231 00:14:20,875 --> 00:14:22,194 for these loads to be violated. 232 00:14:22,615 --> 00:14:25,735 That was all behind the scenes, why I was going that move here. 233 00:14:26,245 --> 00:14:26,574 Okay. 234 00:14:27,025 --> 00:14:31,555 And, uh, which also led to our target or my target that I, I 235 00:14:31,555 --> 00:14:33,985 shared on Twitter and on YouTube. 236 00:14:33,985 --> 00:14:37,285 That's still my YouTube channel videos calling for the one time. 237 00:14:38,175 --> 00:14:42,915 Um, level four, uh, British pounds before the Brexit. 238 00:14:43,515 --> 00:14:46,605 So, uh, and we'll add one more. 239 00:14:46,605 --> 00:14:55,785 Let's take a look at the, uh, dollar Ian Kane and we have a low that 240 00:14:55,785 --> 00:14:59,355 formed in the first week of September in the last week of September. 241 00:14:59,355 --> 00:15:03,795 There's that pie and it takes off and it's taken off extremely high. 242 00:15:04,935 --> 00:15:07,155 So again, it's a macro perspective. 243 00:15:08,220 --> 00:15:11,400 Using macro economic principles, interest rates. 244 00:15:11,850 --> 00:15:12,210 Okay. 245 00:15:12,420 --> 00:15:15,780 And then utilizing that down to a micro technical, so we 246 00:15:15,780 --> 00:15:17,010 can take all this information. 247 00:15:17,430 --> 00:15:17,880 Okay. 248 00:15:18,210 --> 00:15:22,020 And from the month of September, start looking for reasons to be a buyer for all 249 00:15:22,020 --> 00:15:26,160 the dollar based currencies that start with the dollar first and their name, 250 00:15:26,640 --> 00:15:28,050 we would be going along those pairs, 251 00:15:31,370 --> 00:15:32,030 New Zealand. 252 00:15:33,345 --> 00:15:36,615 We should be seeing a sell off around the first, second week of the month. 253 00:15:36,615 --> 00:15:38,595 And we see it here the last week of the month. 254 00:15:38,685 --> 00:15:41,175 I see it here and Aussie. 255 00:15:44,385 --> 00:15:48,165 We should be seeing a sell off the first week of the month here and 256 00:15:48,645 --> 00:15:49,725 the last week of the month here. 257 00:15:49,725 --> 00:15:50,685 And you see that as well. 258 00:15:51,345 --> 00:15:51,705 Okay. 259 00:15:53,620 --> 00:15:57,550 Again, it helps you, it builds an idea about where the market should go 260 00:15:57,550 --> 00:16:01,090 because of the underlying fundamentals, which I don't have to go through 261 00:16:01,390 --> 00:16:02,860 fundamental reports and do all that. 262 00:16:03,730 --> 00:16:06,610 I can rely on the interest rate markets that I know, which is the bond 263 00:16:06,610 --> 00:16:10,180 market and the 10-year note, couple that with the dollar index, it's like 264 00:16:10,180 --> 00:16:11,800 the pins in the lock turn for you. 265 00:16:11,800 --> 00:16:13,150 And no one can take it from you. 266 00:16:14,140 --> 00:16:17,890 So let's go back to the 10 year and the 30 year note. 267 00:16:18,340 --> 00:16:18,640 Okay. 268 00:16:18,640 --> 00:16:19,900 Now we're going to take a look at the. 269 00:16:21,165 --> 00:16:27,405 Rally higher here on the 10 year, w that was not seen here on the 30 year. 270 00:16:28,005 --> 00:16:32,385 So we know that there's going to be an accelerated rally on the dollar index. 271 00:16:33,465 --> 00:16:39,315 The first week of November, obviously post us elections and let's go back 272 00:16:39,315 --> 00:16:43,695 to our dollar index chart and we see November, we made that lower 273 00:16:43,695 --> 00:16:48,315 load to that whole overnight fiasco with the sell off on the dollar. 274 00:16:49,620 --> 00:16:51,570 And the Dow Jones was all fluff. 275 00:16:52,050 --> 00:16:56,670 It was all manipulation because we see that lower low here in dollar, 276 00:16:56,670 --> 00:17:00,330 but we did not see it in higher high, seen in the 10 year and 30 277 00:17:00,330 --> 00:17:03,780 year futures on the debt instruments. 278 00:17:04,410 --> 00:17:07,589 So interest rates that were calling the shots still, even though short term 279 00:17:08,040 --> 00:17:12,750 heart attack on the charts in this down move here on the dollar and Dow Jones 280 00:17:12,750 --> 00:17:14,730 overnight the day of the election. 281 00:17:15,720 --> 00:17:20,460 Everything was put back in gear longer term with the acceleration 282 00:17:20,460 --> 00:17:24,960 on the up, move on the dollar rally, chasing higher yields. 283 00:17:26,280 --> 00:17:34,740 And you can see that also in the form of dollar Swiss dollar CAD 284 00:17:37,880 --> 00:17:41,870 weakness, even though it looks like its strength above and old high. 285 00:17:42,290 --> 00:17:43,970 Remember that's that false movement. 286 00:17:43,970 --> 00:17:44,200 We look. 287 00:17:45,390 --> 00:17:48,510 The SMT is telling you, it looks bullish with the underlying 288 00:17:48,510 --> 00:17:49,440 tone of the marketplace. 289 00:17:49,950 --> 00:17:53,550 There's no way that dollar is going to allow all the dollars a rally. 290 00:17:54,240 --> 00:17:55,710 And that's why we're seeing to give up the ghost. 291 00:17:57,150 --> 00:17:59,100 Same thing with the New Zealand dollar. 292 00:17:59,460 --> 00:18:03,570 It looks bullish, starting off running, just taking out an old 293 00:18:03,570 --> 00:18:06,540 high, then running down, lower 294 00:18:09,550 --> 00:18:10,360 the dollar CAD. 295 00:18:10,990 --> 00:18:11,080 Okay. 296 00:18:12,570 --> 00:18:12,990 Accelerate. 297 00:18:13,980 --> 00:18:14,700 To the upside 298 00:18:19,760 --> 00:18:20,960 hero as well. 299 00:18:21,260 --> 00:18:24,890 The initial run-up clearing out an area of buy stocks. 300 00:18:24,890 --> 00:18:31,190 We talked about during this mentorship here it one 13 big figure, and 301 00:18:31,190 --> 00:18:32,930 it's been slamming lower since. 302 00:18:33,560 --> 00:18:36,650 So I hope he take this information, keep it close to your vest. 303 00:18:36,650 --> 00:18:38,840 And in other words, don't share it with the general public. 304 00:18:39,380 --> 00:18:40,490 Most people will never learn. 305 00:18:41,370 --> 00:18:47,460 Yeah, uh, this tactic, um, I don't have a source to be able to say I learned it 306 00:18:47,460 --> 00:18:50,850 from this one and that one, it was just me understanding the bond market as a 307 00:18:50,850 --> 00:18:54,240 futures trader and understanding that the interest rate markets just basically 308 00:18:54,240 --> 00:18:55,770 control everything around the world. 309 00:18:55,860 --> 00:18:56,130 Okay. 310 00:18:56,130 --> 00:18:59,430 It makes everything go, uh, in, in the financial industry. 311 00:19:00,615 --> 00:19:01,965 Without interest rates, nothing moves. 312 00:19:02,415 --> 00:19:06,825 So if I'm going to understand the industry market, it just stands to reason. 313 00:19:06,825 --> 00:19:10,335 If as long as I know that my market and the 10 year note I'll know everything 314 00:19:10,335 --> 00:19:14,055 I need to know and take a look at the bond, the German bond, and you'll 315 00:19:14,055 --> 00:19:15,615 see that it's been going down also. 316 00:19:16,035 --> 00:19:17,565 And that's the reason why I said it was going to go down. 317 00:19:18,135 --> 00:19:23,025 Everything has been shown here today in this teaching again, please, please. 318 00:19:23,355 --> 00:19:26,025 Don't make it common knowledge until next time. 319 00:19:26,085 --> 00:19:27,465 I wish you good luck and good trading. 27278

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.